The deposit payment is 300 € and it must be paid before you arrive in Retrodorm. The deposit cannot be paid in cash or using a credit card. You will receive further instructions with the acceptance letter.
The deposit will be refunded to the tenant's bank account (as the tenant's home country is in SEPA region and in cash as the home country is outside SEPA region) when the lease agreement has ended and the room has been inspected and the key given back to the landlord. The deposit cannot be refunded to a credit card.The deposit payment can be used to amortization of a debt (such as unpaid rent, unpaid door opening, unpaid false fire alarms etc.) or for the repair/cleaning/lost furniture costs that are due to tenant’s actions or negligence. In case of not arriving at all or leaving shortly after the arrival the deposit payment can be used to cover the expenses of reserving the room.
The deposit will not be used for common wear and tear. Landlord does not pay interest for the deposit.